Property News · May 22, 2017

Opinion: Who drinks lattes in Hong Kong? Not the minimum wage earner


The plight of the low-paid has been laid bare by the Latte Index – a new indicator developed by an academic that measures how many cups of coffee the lowest paid can afford to buy. — SCMP City, May 22
Then follows a table in which we are told that an hour’s worth of the minimum wage in Hong Kong can only buy you 1.08 cups of latte from Starbucks, while you get 3.59 cups in Zurich with the Swiss minimum wage.
Except that Switzerland does not have a minimum wage. Oh, well.
But I…

Source : South China Morning Post
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